Department         K               Y
Opening stock    #2,500      #800
Purchases       #120,000    #100,000
Sales               #180,000     #200,000
Salaries           #8,000         #30,000
Closing stock   #3,000        #1,500
Rate expenses of #1,500 are apportioned in the ratio 1:2.

The gross profit for K is

Department        K                    Y
Opening stock  #2,500          #800
Purchases   #120,000        #100,000
Sales         #180,000           #200,000
Salaries      #8,000             #30,000
Closing stock #3,000          #1,500
Rate expenses of #1,500 are apportioned in the ratio 1:2.

What is the net profit of Y?

The objective of departmental account is to